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Tuesday, October 8, 2024

20 PPP loans provided to small businesses in 2020 in ZIP Code 96134

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There were 20 PPP loans provided to small businesses in 2020 in ZIP Code 96134, according to the US Small Business Administration.

The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could qualify for these loans, according to Harvard Business School.

A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.

A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.

The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.

PPP loans distributed in 2020 in ZIP Code 96134

Name of BorrowerCurrent Approved Amount
Seus Family Farms$505,368
Macy's Flying Service, Inc.$437,500
Cal-Ore Produce, Inc.$329,702
Huffman Farms, Inc., M.D.$212,500
Crawford Farms, Inc.$189,342
Woodhouse Company, LLC$82,900
Ackley Ranch, LLC$75,749
Lyman Farms, LLC$74,600
Huffman & Son Hay, Inc.$71,019
H & M Gopher Control$68,000
Robert A. Baley$41,800
Hemphill Ranch, Inc.$41,200
Hall Farms$37,400
John Anderson Farms, Inc.$32,200
Pastor of Holy Cross Parish Tulelake, a Corporation Sole$12,200
Tlc's Small Blessings Child Care$9,694
Ben Duval Farms, Inc.$9,600
JNC Trucking, LLC$8,854
Garywright$7,500
Jeffrey R. Boyd Farms$4,753

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